"This is why I started warning everyone about our fiscal problems, so there would be time for action to prevent these types of drastic efforts from being needed."

"Fortunately, our Legislature and new Governor acted quickly in a special session to fix the 2009 budget deficit. Their quick action has allowed us to plan for the rest of this year."

"While the economy may still indeed worsen, we will do what it takes to make sure we have the financial resources to honor refund checks issued to you by the Department of Revenue," said Treasurer Martin.

Ray has worked as a newspaper reporter in Arizona for more than two decades. He's won many awards awards for his reporting, including the Arizona Press Club's Don Bolles Award for Investigative Journalism.